据 VanEck 月度报告，ETH/BTC 跌破五年低点后在 7 月反弹 38%；ETH 波动性降至 2024 年秋季以来最低水平；Hedera 稳定币供应量在 7 月达到了历史最高水平，得益于合作伙伴关系的增加、网络规模的扩大以及机构对其合法性的认可；Hyperliquid 在 7 月获得了 35% 的区块链收入；ETH 仍有可能成为比 BTC 更好的价值储存手段，因 ETH 储备的灵活性更大。

<div>据 VanEck 月度报告，ETH/BTC 跌破五年低点后在 7 月反弹 38%；ETH 波动性降至 2024 年秋季以来最低水平；Hedera 稳定币供应量在 7 月达到了历史最高水平，得益于合作伙伴关系的增加、网络规模的扩大以及机构对其合法性的认可；Hyperliquid 在 7 月获得了 35% 的区块链收入；ETH 仍有可能成为比 BTC 更好的价值储存手段，因 ETH 储备的灵活性更大。<br><br></div>

VanEck 月度报告：ETH/BTC 跌破五年低点后在 7 月反弹 38%

According to the VanEck monthly report, ETH/BTC rebounded by 38% in July after falling below a five-year low; ETH volatility dropped to its lowest level since fall 2024; Hedera's stablecoin supply reached a historical high in July, thanks to increased partnerships, network expansion, and institutional recognition of its legitimacy; Hyperliquid gained 35% of blockchain revenue in July; ETH still has the potential to become a better store of value than BTC due to its greater reserve flexibility.

<div>According to VanEck's monthly report, ETH/BTC rebounded by 38% in July after falling below a five-year low; ETH volatility dropped to its lowest level since autumn 2024; Hedera's stablecoin supply reached a historical high in July, thanks to increased partnerships, network expansion, and institutional recognition of its legitimacy; Hyperliquid gained 35% of blockchain revenue in July; ETH still has the potential to become a better store of value than BTC due to its greater reserve flexibility.<br><br></div>

VanEck Monthly Report: ETH/BTC rebounded 38% in July after falling below a five-year low

Macro volatility intensifies, with a surprising non-farm payrolls report triggering market pullback, and ETH's large-scale buying diverging from price adjustments.

Matrixport Market Observation: Fund flows diverge under macroeconomic disturbances, where are BTC and ETH headed?

Table of Contents
- Dubbed as the "King's Return"
- ETP Fever and More Trends
- Crypto Asset Fever
- Summary
In July 2025, the price of <ETH> on the Ethereum network surged nearly 50%. Investors focused on stablecoins, asset tokenization, and institutional adoption - these are the core advantages that distinguish Ethereum as the oldest smart contract platform from its competitors.
The passage of the "GENIUS Act" is a milestone moment for stablecoins and the entire crypto asset category. Although market structure-related legislation may be passed in Congress...

Grayscale Report: Institutional influx, regulatory approval, multiple positive factors behind Ethereum's strong rise

Investor interest is rising as there are many speculations about two altcoins that could be listed on Coinbase in August.
With these listings typically serving as a catalyst for changes...